SEOUL, Aug. 7 (Korea Bizwire) — South Korea will adjust the residential progressive electricity tariffs for July and August to ease the household burden from heavy electricity bills caused by the unprecedented summer heat, the energy ministry said Tuesday. The Ministry of Trade, Industry and Energy said it will temporarily upgrade the ceilings of the [...]
SEOUL, Sept. 30 (Korea Bizwire) – Some 670,000 households were unable to pay their electricity bill this year as of July, a report from the state energy supplier showed Friday, a tally that may increase after record summer heat is estimated to have jacked up the bill from using air conditioning. The report, submitted by [...]
SEOUL, Aug. 8 (Korea Bizwire) – Amid ongoing criticism of the ‘progressive electricity billing system’, under which households are charged higher electricity rates for higher electricity use, the International Energy Agency (IEA) revealed in a recent report that industrial power consumption far outweighs residential power consumption in Korea, a trend that marks a stark contrast [...]
SEOUL, Feb.21 (Korea Bizwire) – From now on, Kakao will offer users the ability to view electricity bills through the mobile messenger KakaoTalk, and pay them through KakaoPay. Kakao announced that it will be launching ‘KakaoPay Bills’, an electronic bill payment and presentment (EBPP) service based on mobile messenger platforms. Kakao emphasized that it is [...]